A PHP Error was encountered

Severity: Warning

Message: Undefined array key "seo_image"

Filename: outsidelogin/news_details_for_mdh.php

Line Number: 62

Backtrace:

File: /var/www/html/application/views/pages/outsidelogin/news_details_for_mdh.php
Line: 62
Function: _error_handler

File: /var/www/html/application/controllers/News.php
Line: 862
Function: view

File: /var/www/html/application/controllers/News.php
Line: 22
Function: timberNewsWithoutLogin

File: /var/www/html/index.php
Line: 332
Function: require_once

A PHP Error was encountered

Severity: Warning

Message: Undefined array key "seo_image"

Filename: outsidelogin/news_details_for_mdh.php

Line Number: 64

Backtrace:

File: /var/www/html/application/views/pages/outsidelogin/news_details_for_mdh.php
Line: 64
Function: _error_handler

File: /var/www/html/application/controllers/News.php
Line: 862
Function: view

File: /var/www/html/application/controllers/News.php
Line: 22
Function: timberNewsWithoutLogin

File: /var/www/html/index.php
Line: 332
Function: require_once

IMF and Egypt reached a staff-level agreement

At Centersource Technologies AB we are committed to the highest standards of ethical research and data integrity, guided by the ESOMAR Code of Conduct. Our data is sourced from a limited, anonymous market survey conducted with trusted and established industry participants. The insights derived from this survey reflect aggregated finalized prices as well as observed prices reported within the participants respective markets, with a focus on the highest prices recorded during the first two weeks of each month. These insights are provided for informational purposes only and are intended to indicate market trends rather than serve as comprehensive or fully representative market data.

In adherence to ESOMAR's principles, we ensure that all data collection and analysis are conducted with transparency, respect for confidentiality, and strict compliance with ethical guidelines:

  • Data Sourcing and Methodology:
    We exclusively use data from government, customs, or government-affiliated websites to maintain reliability and public integrity. In addition, we engage directly with industry experts to gather real-time, firsthand information. Each data point is collected, verified, and aggregated following established ethical standards, ensuring that our research processes meet the rigor recommended by ESOMAR.
  • Transparency and Accuracy:
    All data are published promptly as they become available from the source, ensuring that our insights remain current and reflective of on-ground market dynamics. We actively seek and incorporate regular feedback from industry experts, which allows us to make real-time adjustments and continuously improve the accuracy and reliability of our data.
  • Ethical Data Usage and Third-Party Material:
    Our adherence to the ESOMAR Code of Conduct underscores our commitment to ethical research practices. We maintain strict controls over data sharing and usage; copying or distributing our data is prohibited under our company policy. Furthermore, all necessary agreements are in place for any third-party material used, ensuring full compliance with copyright laws and industry best practices.
  • Limitation of Liability:
    While we strive to provide high-quality, timely market insights, the data is derived from a limited sample and should be interpreted within that context. We are not liable for any damages arising from the use of this data, as it is provided solely for informational purposes and as a directional indicator of market trends.

By integrating ESOMAR's ethical guidelines into our research methodology, we ensure that our practices are transparent, respectful of data confidentiality, and aligned with internationally recognized standards. This commitment not only reinforces the credibility of our insights but also builds trust with our stakeholders and industry partners.

IMF and Egypt reached a staff-level agreement on a $3 billion Extended Fund Facility (EFF) Arrangement

IMF and Egypt reached a staff-level agreement on a $3 billion Extended Fund Facility (EFF) Arrangement

Posted on November 8, 2022   |  

  • The new EFF, with a requested access of SDR 2.35 billion (equal to $ 3 billion), will provide a balance of payments and budget support while catalyzing extra financing from Egypt’s international and regional partners to maintain economic stability, address macroeconomic imbalances, protect livelihoods, and promote private sector-led growth and job creation. 
  • The government’s fiscal policy under the EFF will aim to reduce general government debt and gross financing needs.
  • Social protection will continue to be maintained through the temporary extension of emergency support to ration card holders and efforts to protect the purchasing power of weak wage earners and pensioners. 
  • The EFF will support the (Central Bank of Egypt) CBE’s efforts to improve the functioning of the foreign exchange market, boost foreign reserves, and further improve monetary policy transmission.
  • The EFF also aims to unlock Egypt’s growth potential via widening and deepening structural and governance reforms. 
  • The program will include policies to release private sector growth by lowering the state footprint, adopting a more competitive framework, enhancing transparency, and securing improved trade facilitation. 
  • The IMF arrangement will catalyze a large multi-year financing package, including $5 billion in FY2022/23, that mirrors broad international and regional support for Egypt.